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to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think that was the strategy a week ago. i think the speaker was trying to put the deal together, as we've seen the senate not -- i think that may become the strategy. i've always thought they would wait until the last hour, put a band eight on it, but wait until the iii so they can vote for a tax cut makes sense as w
problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they have done it before. >> they have. >> and will do it again. >> frankly, that is obnoxious beyond belief. the president should not concede or negotiate on that basis at all. >> the president is adamant on the fact that's not a part of this conversation. >> it cannot be a part of any conversation. the debt ceiling is not a question of borrowing more. you determine how much deficit you will have passing the budget two, three, four years ago. >> correct. >> to say you won't raise the debt ceiling is to say you're not going to pay the bills and wreck the economy. increasing the debt ceiling is not optional. we have raised it 77 times since world war ii. seven times in the bush administration. there's always been a demagogue ri but never until last year an attempt to hold the country hostage and the reason in the crisis with the fiscal cliff now is because that's a consequence of t
for that perspective for us there in washington, d.c. >> let's bring in our panel to talk more about the politics of this heated debate. jake, start with you. you work on the hill and the question now is is there 60 votes in the senate, there are 218 votes in the house for gun control legislation to get passed? >> i think before you start count being the votes you have to consider whether speaker john boehner will even bring this to the floor. he was asked last week if he supports gun control measures, he said he was very noncommittal, he said he'll look at anything but speaker john boehner and house republicans are not likely to bring this to the floor in the way that president obama wants. they do not boy biand large favor an assault weapons ban but it's absolutely going to be a huge fight going forward. >> it it makes it to the floor? >> i don't think it will make it. i think the house republicans, there are not 218 votes as congress stands right now and if president obama wants to engage congress on this, it will be an uphill battle for him. >> let's listen to chuck schumer responding to wayn
downgrade the u.s. credit rating if congress cannot reach a deal. some lawmakers are angling for the best political outcountry. >> when i listen to the president, i think he's eager to go over the cliff for political purposes. he gets all this additional tax revenue for new programs, gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. implts joining me are off and on johnson and cheryl from rollcal. is the president rooting, planning for going over the cliff? >> i don't think so. >> and then let's remember, the president will give a lot of and the he does not want to be known as the president who failed to get the economy roaring again. >> it seems like that amounts to very little. >> and that's exactly the problem. the statement that senator into razzo made yesterday i had been hearing for months. they simply do not believe there's any way out of this where they won't look like the scapegoat. i think they clearly think that if -- if we do go over the cliff, that they will be blamed for it. i've had some privately tell me that
continue to tick down, housing would continue to improve. but what's been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st, this problem still hasn't been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal that i gave them, if they say that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that's going to have an adverse reaction on the markets. >> what about automatic spending cuts? those take effect january 1st as well. do they have to be part of this deal? you've got half of those cuts in defense alone. >> well, the other part of the fiscal cliff is congress agreed that they would cut an additional $1.2 trillion in spending. they put a committee together to try to come up with those numbers. they didn't figure out how to do it. and so what we now have is a situation where these automatic spending cuts go into place. now if we have raised some revenue by the wealthy paying a little bit mor
of us who call the gulf home. >>> from nbc >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> good sunday morning. time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal, and the house comes back for a rare sunday night session. yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress do
Search Results 0 to 5 of about 6